FirmaIQ
Org.nr 993 346 268 2020 → 2021 Year-over-year analysis

ADVOKATFIRMAET HALS AS: årsregnskap 2021 vs 2020

Stronger earnings, cash halved-plus

approved 2022-04-29; registry 2022-05-03; journal 2022 248723

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVOKATFIRMAET HALS AS. Revenue 3.53m NOK → 3.55m NOK (+0.4%). Net result +552.3k NOK → +1.24m NOK. Equity 1.77m NOK → 10.10m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVOKATFIRMAET HALS AS.

At a glance

Scorecard

Revenue
3.53m NOK 3.55m NOK
+0.4%
Operating result
+1.98m NOK +1.59m NOK
-19.7%
Net result
+552.3k NOK +1.24m NOK
+124.7%
Equity
1.77m NOK 10.10m NOK
+472.2%
Cash
2.29m NOK 1.12m NOK
-51.3%
Total assets
3.78m NOK 2.17m NOK
-42.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.53m NOK to 3.55m NOK (+0.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +552.3k NOK → +1.24m NOK (net margin 15.6% → 35.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.77m NOK → 10.10m NOK (equity ratio 46.7% → 464.6%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.98m NOK → +1.59m NOK (op. margin 56.1% → 44.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.29m NOK → 1.12m NOK (-51.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 NOK → 3.84m NOK (0% → 108% of revenue). Calculated